September 19, 2017

NSE market indicators dip further by 0.08%



A total of 174.65 million shares valued at N2.83 billion were traded in 3,783 deals on the Nigerian Stock Exchange (NSE) on Tuesday.

These were against the 162.74 million shares worth N1.54 billion traded in 3,225 deals on Monday.

The market capitalisation depreciated further by N9 billion or 0.08 per cent to close at N12.012 trillion from N12.021 trillion recorded on Monday.

The All-Share Index, which opened at 34,873.07, lost 26.25 basis points to close at 34,846.82.

Seplat led the losers’ chart with a loss of N6.76 to close at N450 per share.

7UP followed, depreciating by N4.48 to close at N85.82, while Nigerian Breweries dropped N2.01 to close at N167.99 per share.

Total Oil dipped by N1.9 to close at N223.1, while PZ Cussons depreciated by N1 to close at N24 per share.

Conversely, Nestle topped the gainers’ table with N23.9 to close at N12228.9 per share.

It was trailed by GTBank which gained 54k to close at N38.54 per share.

Stanbic IBTC gained 5k to close at N40, while Unilever appreciated by 2k to close at N42 per share.

Also, Guinness up by 15k to close at N96.8 per share.

GTBank was the toast of investors, trading 33.84 million shares worth N1.29 billion.

FCMB came second, trading 12.58 million shares worth N12.88 million, while FBNH sold 12.53 million shares valued at N65.22 million.

Mansard traded 11.62 million shares worth N23.12 million, while Zenith Bank sold 10.56 million valued at N232.62 million.